This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Low P/E Semiconductor Stocks With Upside

7. TriQuint Semiconductor supplies modules, components and foundry services to communications companies. The company offers different radio frequency (RF) and other intermediate frequency products that address three markets: handsets, networks and military systems.

For fourth quarter of 2010, net revenue was $253.4 million, up 31.1% from $193.3 million in the year-ago quarter. Gross margin stood at 37.4%, up 160 basis points year-over-year, while operating margin increased 520 basis points to 14.7%. Subsequently, net income surged to $42.5 million or 25 cents per share from $17.5 million or 11 cents per share.

Full year 2010 revenue surged 34.3% to reach an all-time record $878.7 million, largely driven by the upsurge in revenue from the mobile devices market due to higher WCDMA and WLAN product revenue. Revenue from network products increased too, because of higher sales volume across all its markets. Overall, total revenue has more than doubled from 2006 levels, thereby elevating net income to $190.8 million or $1.17 per share, compared to $16.2 million or 11 cents per share in 2009. The company had a strong cash balance of $192.5 million, up 86% year-over-year.

As of Dec. 2010, the order backlog was $266.1 million compared to $125.2 million a year ago. During Dec. 2010, Samsung selected TriQuint's complete 3G RF front-end solution for its Samsung Galaxy Tab and its flagship smartphone series Galaxy S.

Going forward, the company expects first quarter 2011 revenue in the range of $215-$225 million, representing 22% year-over-year growth. Net income is estimated between 14-16 cents per share. Moreover, full-year revenue is forecast to grow by 20%.

Of the 12 analysts covering the stock, 58% recommend a buy and the remaining ratea hold. There are no sell ratings on the stock. On average, analysts estimate 34.6% upside to $16.30 in value from current levels. The stock gained 66.1% during the past one year and is currently trading at a P/E of 9.8
5 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
INTT $3.98 0.76%
KLIC $11.20 -0.97%
NVMI $9.35 -1.99%
NANO $13.38 -0.30%
UCTT $4.64 -2.52%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs